1
Crypto lending DeFi protocol FiIDA was hacked for $700,000 on April 23, 2023.
2
FiIDA Halts operations on the ESC chain and REI Network.
2023, so far, has been dotted with multiple hacks on DeFi platforms and crypto entities. The combined losses in Q1 2023 are around $320 Million. Adding to this infamous list is a cross-chain lending DeFi project FiIDA Finance. FiIDA lost around $700,000 in the exploit and halted operations on Elastos Smart Chain (ESC) and REI Network.
FiIDA Adds to the Exploited DeFi Platforms List of 2023
According to the press release by FiIDA, they were hacked during the early hours of April 23, 2023. The attacks affected all the digital assets on FiIDA’s ESC Chain, including Elastos token, BUSD, and Bitcoin. It is a relief that no other deployments have been affected by the exploit.
The team told the press that “the vulnerability has been identified and the attack vector isolated.” They are actively tracing the hac
We współpracy z: https://www.thecoinrepublic.com/2023/04/24/another-defi-protocol-fiida-exploited-for-700k-halts-operation/
